{"id":31375,"date":"2024-12-08T23:56:00","date_gmt":"2024-12-08T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=31375"},"modified":"2025-11-29T12:52:13","modified_gmt":"2025-11-29T04:52:13","slug":"comfort-systems","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/","title":{"rendered":"How does Comfort Systems, unattractive business but amazing stock performance, make money?"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Company_profile\" >Company profile<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Establishment_of_company\" >Establishment of company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Business\" >Business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#A_turning_point_for_the_company\" >A turning point for the company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#IPO\" >IPO<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Company_operations\" >Company operations<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Products_and_services\" >Products and services<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Business_units\" >Business units<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Competitors\" >Competitors<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Operating_performance\" >Operating performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#2024_Q3_Financial_Report\" >2024 Q3 Financial Report<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Operating_profit_margin\" >Operating profit margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Earnings_per_share\" >Earnings per share<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#The_future_of_the_company\" >The future of the company<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Prospect\" >Prospect<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Operating_trends\" >Operating trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Outlook\" >Outlook<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Capital_market_performance\" >Capital market performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Market_valuation\" >Market valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Cash_dividend\" >Cash dividend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Stock_price_performance\" >Stock price performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Repurchase\" >Repurchase<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_profile\"><\/span>Company profile<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Establishment_of_company\"><\/span>Establishment of company<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/comfortsystemsusa.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Comfort Systems USA (ticker: FIX)<\/a> was formed by the merger of 12 companies into one company in 1997 and a public offering. It then continued to grow and develop through acquisitions and became the Comfort Systems USA we see today.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business\"><\/span>Business<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The company is located in the construction and home maintenance industries. Provides heating, ventilation and air conditioning (HVAC) installation, maintenance, repair and replacement services. In addition to standard HVAC services, it provides specialty applications such as building automation control systems, fire protection, process cooling, electronic monitoring and process piping. Some locations also engage in related activities, such as electrical services and plumbing work.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_turning_point_for_the_company\"><\/span>A turning point for the company<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In 2002, 19 of its subsidiaries were sold to EMCOR to reduce debt after the September 11, 2001, incident. After paying off all debt by 2005, the company resumed growth through acquisitions and investments in existing businesses.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPO\"><\/span>IPO<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The company went public in June 1997 with the goal of becoming a national provider of building systems installation and maintenance services for building systems. At that time, it was a merger of only 12 operating small and medium-sized enterprises, with revenue that year of approximately US$167 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_operations\"><\/span>Company operations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Products_and_services\"><\/span>Products and services<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The company is an American plumbing and mechanical professional services company that provides heating, ventilation, air conditioning (HVAC), and mechanical, electrical, and plumbing (MEP) installation, maintenance, repair, and replacement services to commercial, industrial, and institutional customers, such as Customers include manufacturers, educators, corporate offices, retail stores, residential construction, and government agencies. <\/p>\n\n\n\n<p>The professional services provided by the company can be divided into two categories: MEP and related system design, integration, installation, and commissioning services for new buildings; and renovation, expansion, maintenance, monitoring, and repair services for existing buildings. Replacement Services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_units\"><\/span>Business units<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The company&#8217;s business can be mainly divided into two major units, namely:<\/p>\n\n\n\n<p>Mechanical services account for 75.8% of total revenue: responsible for the supply of applicable professional services in technical fields such as building HVAC, water piping systems, production pipeline systems and controls. The department also provides off-site construction, monitoring, and safety and fire protection services. .<\/p>\n\n\n\n<p>Motor services accounted for 24.2% of total revenue: responsible for providing professional services suitable for motor systems, such as installation and other services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Competitors\"><\/span>Competitors<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Comfort Systems USA&#8217;s main competitors are Broadway Mechanical-Contractors, SPX Technologies (ticker: SPXC) and Hays + Sons.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operating_performance\"><\/span>Operating performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2024_Q3_Financial_Report\"><\/span>2024 Q3 Financial Report<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue: $1.81 billion, up 31.5% year over year, vs. analysts forecasting $1.84 billion (1.6% below expectations)<\/li>\n\n\n\n<li>Earnings per share: $4.09, compared with analysts\u2019 estimate of $3.99 (beating estimates by 2.4%)<\/li>\n\n\n\n<li>EBITDA: $238.3 million vs. analysts forecast $222.3 million (beating estimates by 7.2%)<\/li>\n\n\n\n<li>Gross profit margin (GAAP): 21.1%, the same as the same period last year<\/li>\n\n\n\n<li>Operating profit margin: 11.2%, higher than 9.8% in the same period last year<\/li>\n\n\n\n<li>EBITDA margin: 13.1%, up from 11.3% in the same period last year<\/li>\n\n\n\n<li>Free cash flow margin: 15.6%, up from 13.7% in the same period last year<\/li>\n\n\n\n<li>Backlog: $5.68 billion at quarter end, up 32.5% year-on-year<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operating_profit_margin\"><\/span>Operating profit margin<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Comfort Systems has been profitable over the past five years but has been hampered by its large cost base. Its average operating margin of 7.7% is low for an industrial company. This result is not surprising considering its low gross margin as a starting point.<\/p>\n\n\n\n<p>On the bright side, Comfort Systems&#8217; annual operating margin has grown 3.3 percentage points over the past five years as its sales growth gave it operating leverage.<\/p>\n\n\n\n<p>In the third quarter, operating profit margin was 11.2%, an increase of 1.4 percentage points from the same period last year. This growth is encouraging, and since its operating margins are growing faster than gross margins, one can infer that it&#8217;s been more efficient lately with expenses like marketing, R&amp;D, and overhead.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Earnings_per_share\"><\/span>Earnings per share<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Comfort Systems&#8217; earnings per share have grown at an impressive 37.2% CAGR over the past five years, faster than its 22.2% annualized revenue growth. This tells us that as a company expands, profits become more lucrative.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_future_of_the_company\"><\/span>The future of the company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prospect\"><\/span>Prospect<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Comfort Systems is located in the construction and home maintenance industry. The business itself is not attractive, but the company has been able to deliver outstanding results for many years, with revenue and profits repeatedly exceeding investor expectations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operating_trends\"><\/span>Operating trends<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Comfort Systems&#8217; annual revenue growth over the past five years is an incredible 22.2%. Comfort Systems&#8217; annualized revenue growth over the past two years is 29.6%, which is above its five-year trend, indicating strong demand and Accelerated recently.<\/p>\n\n\n\n<p>Additionally, Comfort Systems&#8217; operating margins increased 3.3 percentage points over the past five years.<\/p>\n\n\n\n<p>These are the reasons why the stock price has performed so well all year round.<\/p>\n\n\n\n<p>Comfort Systems&#8217; cumulative orders in the third quarter of 2024 reached US$5.68 billion, with an average annual growth rate of 43.7% over the past two years. Since this number outperforms its revenue growth, we could see the company accumulating more orders than it can fulfill and deferring revenue into the future.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Outlook\"><\/span>Outlook<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Wall Street expects revenue to grow 12.4% over the next 12 months and Comfort Systems&#8217; full-year earnings per share to grow 13.8% over the next 12 months. Looking ahead, it is slower than the past two years. Still, the prediction is admirable.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_market_performance\"><\/span>Capital market performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_valuation\"><\/span>Market valuation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of October 24, 2024, Comfort Systems&#8217; market value is US$14.75 billion, with a price-to-earnings ratio of 34.72.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cash_dividend\"><\/span>Cash dividend<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of October 24, 2024, Comfort Systems has a yield of 0.29%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_price_performance\"><\/span>Stock price performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As of October 24, 2024:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Since June 1997, the stock price has increased by 2,484.19%.<\/li>\n\n\n\n<li>The company&#8217;s stock price has increased by 701.76% in the past five years.<\/li>\n\n\n\n<li>The company&#8217;s stock price has increased by 167.05% in the past year.<\/li>\n\n\n\n<li>These figures are respectable performances, not inferior to those of large U.S. technology stocks.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Repurchase\"><\/span>Repurchase<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>It is worth mentioning that the company&#8217;s outstanding shares decreased by 3.5%. These are positive signs for shareholders, as improved profitability and share buybacks drive earnings per share growth relative to revenue growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Comfort Systems is another listed company with an unattractive business but amazing stock performance.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"198\" height=\"37\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2024\/10\/Comfort_Systems-Custom.png\" alt=\"Comfort Systems\" class=\"wp-image-31377\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/19\/gpu-farms-coreweave\/\">How GPU farms CoreWeave make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/11\/28\/ai-data-center-no-cooling\/\">AI data center shows no signs of cooling down in the near future&#8221;<\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/08\/22\/applied-digital-make-money\/\">How does Applied Digital make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/08\/comfort-systems\/\">How does Comfort Systems, unattractive business but amazing stock performance, make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/02\/12\/how-axon-make-money\/\">How does Axon, which has the global monopoly on police Taser guns, make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/04\/14\/ge-spinoff\/\" target=\"_blank\" rel=\"noreferrer noopener\">How did three listed companies make money after GE spinoff? What are the prospects?<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Comfort Systems business itself is not attractive, but the company has been able to deliver outstanding results for many years, with revenue and profits repeatedly exceeding investor expectations.<\/p>\n","protected":false},"author":1,"featured_media":31377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[734],"tags":[1379,1380],"class_list":["post-31375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrials","tag-fix","tag-spxc"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/31375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=31375"}],"version-history":[{"count":11,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/31375\/revisions"}],"predecessor-version":[{"id":40341,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/31375\/revisions\/40341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/31377"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=31375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=31375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=31375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}